A recent survey by RootData reveals that transparency is a critical factor in the token listing decisions of cryptocurrency exchanges. The survey, which gathered 313 responses from listing business development professionals and decision-makers, highlights the challenges faced due to data fragmentation and outdated information. Over 69% of respondents are directly involved in listing decisions, with many citing "information overload" as a significant issue. The survey indicates that projects providing structured and transparent data are more likely to stand out, as transparency reduces the cognitive burden on decision-makers. More than 30% of respondents noted that data delays could lead to decision-making errors, while 50% stated that non-transparent data would trigger "defensive due diligence," prolonging the review process. Additionally, 88.9% of respondents rely on RootData for data verification, underscoring its role as an industry benchmark. The findings emphasize the importance of data platforms in the Web3 development landscape, with over 80.6% of users agreeing on their significance for listing decisions. The survey concludes that transparency in project information, particularly regarding institutional investors, valuation, and team backgrounds, is essential for accelerating the listing review process by at least 30%.
Survey Highlights Transparency as Key Factor in Crypto Exchange Listings
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